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Banks Island Gold Ltd BKSLF

Metals & Mining Gold Industrial Metals & Minerals
Banks Island Gold Ltd is a gold producer with its operating mine in British Columbia, Canada. The Company also engages in the acquisition, exploration and development of mineral properties.


GREY:BKSLF - Post by User

Banks Island Gold Ltd
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Comment by grape562000on Dec 02, 2015 4:10am
102 Views
Post# 24345626

RE:RE:RE:RE:NR - Banks Island Gold Ltd. Announces Update, Share Consolid

RE:RE:RE:RE:NR - Banks Island Gold Ltd. Announces Update, Share ConsolidMy assumption was that BOZ would be worth $1 per share at the original 60M shares (I am using rounded numbers for easier math)

Now there are 15M shares (I know it's 16M, but again, for easy math/illustration)

New investor gets 2/3's of the company (10M shares)

We get $20M / 6M shares

So assuming BOZ is/will be/could be actually worth $60M the shares could be worth $3-3.5 x 1/10th your/our original number of shares

These are just my assumptions
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